Ralph Lauren to Add Angela Ahrendts and Michael George to Board of Directors

NEW YORK--(BUSINESS WIRE)--May 9, 2018--
Ralph Lauren Corporation (NYSE:RL, the “Company”), a global leader in
the design, marketing, and distribution of premium lifestyle products,
today announced that it plans to add Angela Ahrendts and has appointed
Michael George to the Company’s Board of Directors. The Board intends to
nominate Ms. Ahrendts for election at the Annual Meeting of
Stockholders, expected in August 2018, and has appointed Mr. George
effective as of May 9, 2018. These appointments will bring the number of
Directors on the Company’s Board to 13.

“I am delighted to welcome Angela and Mike to the Board of Directors,”
said Mr. Ralph Lauren, Executive Chairman and Chief Creative Officer.
“Angela is an industry leader and innovator with deep expertise in
luxury retail and an outstanding track record of growing global brands.
Mike brings invaluable experience as a senior leader and board member,
helping companies drive consumer engagement and growth. Their counsel
will be incredibly valuable as we continue to build the future for our
iconic brand.”

Patrice Louvet, President and Chief Executive Officer, said, “Angela and
Mike are among the most respected leaders in the business. They each
have driven strong growth and created superior value at some of the
best-known brands in retail, and I know we will benefit greatly from
their experience and fresh perspective as we continue to elevate our
brand; evolve our product, marketing and shopping experience; expand our
digital and international presence; and increase productivity.”

Ms. Ahrendts has served as Senior Vice President of Retail at Apple
Inc., since May 2014. She oversees strategy, real estate and
development, and operations of Apple’s physical stores, online store and
contact centers. Ms. Ahrendts joined Apple from Burberry where she
served as Chief Executive Officer and as a Director on the Board from
2006 to 2014, and led the company through a period of outstanding global
growth. Previously, she was Executive Vice President at Liz Claiborne
Inc., and earlier in her career served as President of Donna Karan
International.

Ms. Ahrendts said, “I have admired Ralph and been inspired by his pure
global lifestyle vision for many years. It is an honor to join this
Board as he and Patrice continue to evolve and expand his incredible
aesthetic.”

Mr. George was named President and CEO of Qurate Retail, Inc., in March
2018, a leading global video and e-commerce retailer which includes:
QVC, HSN, zulily, Ballard Designs, Frontgate, Garnet Hill, Grandin Road
and Improvements. George was President and CEO of QVC, Inc., for the
prior 12 years where he helped transform the company into a global
multiplatform retailer spanning multiple ecommerce, mobile, and social
platforms and 16 television networks. Previously, he was Chief Marketing
Officer for Dell Inc., General Manager of Dell’s U.S. consumer business
and earlier, a senior partner at McKinsey & Company. Mr. George serves
on the Boards of Qurate Retail, Inc., Brinker International, the
National Retail Federation and the National Constitution Center. He is
also a member of CEO Action for Diversity and Inclusion.

Mr. George said, “I have long admired Ralph and the company, as they
created one of the most influential and iconic brands in the world. I’m
honored to have this opportunity to work with Ralph, Patrice and the
Board and I’m excited for the future of this truly innovative company.”

More information about Ralph Lauren's Board of Directors and corporate
governance practices can be found on the Company's web site at http://investor.ralphlauren.com.

ABOUT RALPH LAUREN CORPORATION

Ralph Lauren Corporation (NYSE:RL) is a global leader in the design,
marketing and distribution of premium lifestyle products in four
categories: apparel, home, accessories and fragrances. For 50 years,
Ralph Lauren's reputation and distinctive image have been consistently
developed across an expanding number of products, brands and
international markets. The Company's brand names, which include Ralph
Lauren Purple Label, Ralph Lauren Collection, Double RL, Polo Ralph
Lauren, Polo Ralph Lauren Children’s, Ralph Lauren Home, Lauren Ralph
Lauren, RLX, American Living, Chaps and Club Monaco, constitute one of
the world's most widely recognized families of consumer brands. For more
information, go to http://investor.ralphlauren.com.